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Petroleum Pitch Market: By Type (High Performance, Universal and Others), By Application (Brake Pads, Road Surface Sealings, Aluminum Anodes, Insulation, Refractory Bricks, and Others) and By Region - Global Forecast till 2023

Market analysis
Growing constructional activities is creating growth opportunities for contributing providers in India, China, and other rising APAC countries. The district has developed as an imperative venture goal for market players as of late. Petroleum pitch finds a large group of utilization over construction, metallurgy industries, automotive, aerospace, among others. The exponential development of the construction division in second-world and underdeveloped nations has opened new roads for market players. Petroleum pitch is a superb binding material and in this way utilized in street surface sealings. Interest for superior petroleum pitch is moderately higher than other pitch variations attributable to its noteworthy qualities. The Global Petroleum pitch market is anticipated to post 3.03% CAGR during the forecast period (2018-2023).

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Market segmentation
The global petroleum pitch market is segmented on the basis of its type, application, and regional demand. Based on its type, the global petroleum pitch market is segmented into universal, high performance and others. On the basis of its application, the global petroleum pitch market is classified into Road Surface Sealings, Brake Pads, Refractory Bricks, Insulation, Aluminum Anodes, Others.

Regional analysis
Geographically, the global petroleum pitch market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.

Major players
Cytec Industries, Inc., Rain Carbon Inc., ORG CHEM Group and Koppers Inc., Puyang Changyu Petroleum Resins Co., Ltd., Mitsubishi Chemical Corporation, among others are some of the major players in the global petroleum pitch market.

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